Creamer Media Reporter

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Creamer Media Reporter

Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email: newsdesk@engineeringnews.co.za

Adriatic says production unaffected by regional storm

9th October 2024 Dual-listed Adriatic Metals said on Wednesday that its operations were not affected by the severe storms and subsequent flooding battering the central and southern regions of Bosnia and Herzegovina. The storms that occurred late last week resulted in short-term water management issues at Rupice... →

Australian Aluminium Council renews call for critical mineral listing

9th October 2024 The Australian Aluminium Council has intensified its appeal for bauxite, alumina and aluminium to be included on the country’s critical minerals list, as a new report exposes mounting risks to the nation's upstream aluminium sectors. The report, titled ‘Vulnerabilities and Opportunities in... →

Metals Acquisition raises A$150m in placement

9th October 2024 NYSE- and ASX-listed Metals Acquisition (MAC) has announced a capital raising of A$150-million. Proceeds of the placement, together with existing cash, will enable MAC to optimise its balance sheet and de-lever following the acquisition of the CSA copper mine, in Australia, from Glencore in... →

Silvercorp secures 11-year renewal of SGX mine permit in China

9th October 2024 Canadian mining company Silvercorp Metals has renewed the mining permit for its SGX silver-lead-zinc mine in China for another 11 years, extending operations until September 24, 2035, with an increased production capacity of 500 000 t/y. The Yuelianggou mining licence, which covers the SGX and... →

ACSA again suspends flights from, to airport in East London

8th October 2024 State-owned Airports Company South Africa (ACSA) has confirmed that all inbound and outbound flights at King Phalo Airport, in East London, have been postponed as a result of adverse weather conditions, until further notice. "The weather conditions will be monitored throughout the day, and should... →

GreenX wins £252m arbitration award from Poland

8th October 2024 The share price of coal developer GreenX soared on Tuesday as the LSE- and ASX-listed company announced a major win in its arbitration case against Poland. GreenX has been awarded £252-million, or A$490-million, in compensation and interest, it announced in a statement. →

Baxter keen to take more active role as executive chair of Southern Palladium

8th October 2024 ASX- and JSE-listed Southern Palladium has appointed Roger Baxter executive chairperson. He was appointed nonexecutive chairperson of the company in January and is said to have played a key role in advancing the profile of the company, while overseeing proper and due governance at the board... →

Southern Palladium chairperson Roger Baxter

CMIF backing for infrastructure supporting Frontier’s PAK lithium project

8th October 2024 TSX-V-listed Frontier Lithium has been awarded up to C$6.1-million in funding from the government’s Critical Minerals Infrastructure Fund (CMIF) to support infrastructure for its PAK lithium project, in Ontario. One project is the preconstruction activities, including environmental studies, for... →

Marathon copper/palladium mine gets govt backing

8th October 2024 Toronto-listed project developer Generation Mining has been awarded C$771000 from the Critical Minerals Infrastructure Fund (CMIF) for the Marathon copper/palladium project, in Ontario. The CMIF is a programme under the Canadian Critical Minerals Strategy to address infrastructure gaps, enable... →

Evolution awards NRW A$360m contract

8th October 2024 Gold miner Evolution Mining has awarded mining services contractor NRW Holdings a A$360-million contract for surface mining at Castle Hill, Western Australia. The works to be performed include load and haul, drill and blast and construction of site supporting facilities. →

TEMU Affiliate Program 2024: Earn Up to R 2 000 000 a month

7th October 2024 I've got to tell you about this awesome online shopping site I've been hooked on recently – it's called Temu. It's super cool, with a ton of products ranging from fashion to home goods, and everything is so affordable! I think you'll love it, especially if you're into finding unique items or... →

Mongolian mining sector adopts Canada’s sustainable mining standards

7th October 2024 The Mongolian National Mining Association (MNMA) has announced the adoption of Towards Sustainable Mining (TSM), a performance system developed by the Mining Association of Canada (MAC) that improves environmental and social practices in the mining sector. As a result, MNMA and its affiliated... →

New Talisman Gold project left out of NZ’s fast-track bill

7th October 2024 ASX- and NZX-listed New Talisman Gold Mines has announced that its Talisman project will not be included in New Zealand's upcoming Fast Track Approvals Bill, set to go before Parliament later this year. The company clarified that this exclusion is not a reflection of the project’s merit, nor... →

The processing plant is currently in Ottawa, Canada.

Kingsgate and Thailand extend arbitration period

4th October 2024 ASX-listed Kingsgate and Thailand have extended the holding period for the arbitral award under the Thailand-Australia free trade agreement until September 30, 2025. This extension follows recent political developments in Thailand, including the appointment of a new Prime Minister and a new... →

Gabon iron-ore firm Gemin to raise A$10m

4th October 2024 ASX-listed, Africa-focused iron-ore company Genmin has received firm commitments to raise A$10-million through a two-tranche placement and executed an arm’s length $1-million working capital financing with its major shareholder Tembo Capital. The placement will comprise 200-million new shares at... →

Queensland Pacific Metals to rebrand as QPM Energy

4th October 2024 ASX-listed Queensland Pacific Metals (QPM) has announced plans to change its name to QPM Energy, pending shareholder approval at the upcoming AGM. The rebranding follows the company’s acquisition of the Moranbah gas project in August 2023 and reflects its evolving focus on energy production... →

Southern Cross makes key land acquisitions

4th October 2024 Gold company Southern Cross has made a series of land acquisitions on properties directly surrounding its prospective Sunday Creek project, near Melbourne, in Victoria. The ASX-listed company has acquired two residential holdings from arm’s length third parties for A$1.9-million. →

SANSA warns geomagnetic storm will impact Earth over the weekend

4th October 2024 A strong geomagnetic storm is expected over the weekend and could disrupt communications and navigation systems, as well as potentially cause the reappearance of the Southern Lights over South African skies, the South African Space Agency (SANSA) warns. The origin of this storm is a solar flare... →

Photo by Sansa
An image of the sun showing sunspot 3842

Govt, business set 3% growth target for 2025

4th October 2024 Engineering News editor Terence Creamer discusses the partnership previously formed between government and business to tackle loadshedding and other crises; the launch of a second phase of this partnership and the areas of focus; and some of the potential risks to this partnership. →

Bolt Metals buys BC copper/silver property

4th October 2024 Exploration company Bolt Metals has entered into a definitive agreement to buy the Switchback copper/silver property in the Omineca mining division of British Columbia. The Switchback property is an exploration stage property located 55 km east of Terrace through forest service roads. The... →

Jogmec to join Lifezone as partner at Kabanga nickel project

4th October 2024 Japanese government agency Jogmec is looking to sign up as a strategic partner in the Kabanga nickel project, in Tanzania, NYSE-listed Lifezone Metals reports. The company says it has signed a memorandum of understanding (MoU) with Jogmec, which is seeking to secure cleaner metals for the... →

Rio Tinto showcases historic collection of rare coloured diamonds

4th October 2024 Rio Tinto has launched its 2024 ‘Beyond Rare’ tender, the second in its Art Series offering, showcasing 48 lots of extraordinarily rare masterpieces of nature from its diamonds business. Titled ‘Colour Awakened’, this collection is headlined by seven notable historic diamonds from Australia’s... →

Rio Tinto’s Diavik underground mine moves into commercial production

4th October 2024 The Diavik mine – one of Canada’s biggest diamond mines – has completed the development and construction of Phase 1 of the A21 underground mine, now moving the mine into commercial production. Building on the success of the first phase, Rio Tinto earlier this year approved Phase 2 of the A21... →

A 3.5 MW solar plant was installed at Diavik earlier this year.

Raisibe Morathi

4th October 2024 This week we profile Raisibe Morathi, CFO and executive director of telecoms and fintech group Vodacom →

Raisibe Morathi, Group CFO and executive director of Vodacom Group

Jubilee's strong copper, chrome performance offsets impact of weak PGM market

3rd October 2024 Diversified metals producer with operations in South Africa and Zambia Jubilee Metals Group achieved significant growth across its copper and chrome operations for the financial year ended June 30. "Our South African operations delivered considerable growth to achieve a new record in chrome... →

Macmahon’s Decmil bags A$61m Marble Bar road project

3rd October 2024 Mining company HanRoy Iron Ore has awarded a A$61-million road upgrade project to Macmahon subsidiary Decmil. Decmil will upgrade 23 km of road to main roads Western Australia standards on the Marble Bar road. →

Horizon mines first ore at Boorara gold project

3rd October 2024 The Boorara gold project, near the Super Pit mine in the Western Australian goldfields, remains on track for first ore delivery this month, despite some labour shortages at site, MD and CEO Grant Haywood reported on Thursday. Mining started in August on a single shift and first ore was exposed... →

Alphamin reports record quarterly tin production

3rd October 2024 TSX-V- and AltX-listed Alphamin has produced a record 4 917 t of contained tin in the third quarter, ended September 30, and declared an interim dividend of C$0.06 a share. Contained tin sold also increased, by 71% year-on-year, to 5 552 t for the third quarter. →

Premier raises £550 000

3rd October 2024 Multi-commodity mining and natural resource development company Premier African Minerals has raised £550 000, before expenses, through the issue of about 1.75-billion shares at an issue price of 0.0315p each. The Aim-listed company, which is developing the RHA tungsten and Zulu lithium projects,... →

Yorbeau sells Rouyn property to Australian investors

3rd October 2024 Toronto-listed Yorbeau Resources has announced the sale of its Rouyn property, in Quebec, to an Australian private company backed by high-net worth individuals. Lac Gold will buy the asset from Yorbeau for C$25-million and a 2% net smelter royalty on any minerals produced from the property. →

City of Cape Town, WRC partner in sanitation pilot project

3rd October 2024 The City of Cape Town’s (CoCT’s) Water and Sanitation Directorate and the Water Research Commission (WRC) have partnered to implement a sanitation technology pilot project in five informal settlements. The first two pilot sites were handed over to the appointed technology service provider for the... →

Newmont’s Palmer takes reins as ICMM chair

3rd October 2024 The International Council on Mining and Metals (ICMM) has announced Tom Palmer, president and CEO of Newmont, as its new chairperson. He succeeds Iván Arriagada, CEO of Antofagasta Minerals, and will lead the organisation for the next two years. ICMM, which represents a third of the global... →

Newmont's Tom Palmer

Canada Nickel submits Crawford’s federal impact statement

3rd October 2024 TSX-V-listed Canada Nickel has begun the submission of a federal impact statement for its Crawford nickel sulphide project and expects to complete this submission within the next six weeks. The federal impact statement includes critical baseline data and analysis of the environmental, social,... →

Glencore’s Rowland appointed copper association chair

3rd October 2024 Glencore’s Steven Rowland has been appointed as the chairperson of the International Copper Association (ICA). He is succeeding Teck COO Shehzad Bharmal, who served as ICA chairperson for the last two years. →

Medallion makes permitting headway at Ravensthorpe

2nd October 2024 Exploration and development company Medallion Metals has made significant progress toward securing key environmental and mining approvals for the development of its Ravensthorpe gold project (RGP), which would inject much-needed investment into the region. The company is also advancing its... →

Sierra Nevada mourns the passing of director

1st October 2024 ASX-listed Sierra Nevada Gold (SNX) has reported the passing of its nonexecutive director, David Ransom, over the past weekend. Ransom, who joined the board in January 2024, was a highly respected figure in the mining industry, with a career that spanned more than 45 years. “Dave was a legendary... →

Black Cat positions for production with new board appointment

1st October 2024 Gold-focused exploration and development company Black Cat Syndicate has announced the appointment of Davide Bosio to its board as an independent non-executive director. The strategic addition to the board comes as Black Cat transitions from exploration into gold production. →

Rio Tinto partners with UK firm to develop lithium supply chain

1st October 2024 Global mining major Rio Tinto has teamed up with UK-based lithium refinery developer Green Lithium to establish an end-to-end lithium supply chain for the UK and EU's automotive and battery industries. This partnership aligns with the shared goals of both companies to support decarbonisation... →

Caledonia sells Zimbabwe solar plant

1st October 2024 Gold miner Caledonia Mining Corporation has entered into a conditional agreement to sell the entire issued share capital of its Zimbabwe subsidiary Caledonia Mining Services (CMS), which owns and operates the 12.2 MW solar plant that supplies power to its Blanket mine, to CrossBoundary Energy... →

Endeavour appoints BHP exec as exploration EVP

1st October 2024 Gold producer Endeavour Mining, which has operating assets in Senegal, Côte d'Ivoire and Burkina Faso and a portfolio of development projects and exploration assets across West Africa, has appointed Sonia Scarselli exploration EVP, with effect from December. She will join Endeavour from BHP where... →

Sonia Scarselli

Absa PMI back in expansionary territory in Sept

1st October 2024 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased to 52.8 points in September, putting it back in expansionary territory after having declined to 43.6 points in August. "The PMI (and official manufacturing data) has been volatile in recent months, but it is useful to note... →

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